HKMA: Hong Kong a gateway for Chinese green bonds
Chief executive Eddie Yue highlights the urgency of providing greener banking system, and explains how Hong Kong could help Chinese green bonds issuers.
Climate change is high on the agenda at the Hong Kong Monetary Authority (HKMA) and Asia where Hong Kong's position as a hub for global investors - particularly Chinese investors - stands to boost green engagement, according to Eddie Yue, chief executive of the island’s central bank.
He told the Financing Climate Change virtual conference - hosted by FinanceAsia, AsianInvestor’s sister publication - that the booming market in green bonds would become a focus going forward.
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